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An Intro to New Car Rebates and Incentives

The time to buy a new car is right now! While every ad may be telling you that, some have a very good reason too, in the form of Manufacturer Rebates. Now we can guess what you’re thinking, “what’s a rebate”, “how do I use it”, and “where am I”? Ok, maybe not the last one. Anyway, rebates can help you get a better deal on the car you’re looking at, a better interest rate if financed, or just some extra cash in your pocket. Here’s a quick guide to help you understand how they work!

What is a Rebate?

A rebate is a money saving program directly from the vehicle manufacturer applied to specific vehicles. It helps to give a vehicle a competitive price, or help to gain consumer interest on a vehicle model. It also helps with new vehicles that need to be sold off of lots to make way for next year’s models. The number varies from vehicle to vehicle but these programs are created on a regional or national level. At the end of the day it’s a special offer to help a buyer get a new car at a really great value. It’s a win-win when used correctly.

Are there different types of rebates?

There are many different ways manufacturers can add rebates to vehicles. Some of the most common rebates come in the form of general rebates for customers, while others are offered to specific customers. These include but are not limited too:

  • Loyalty Rebates – for being a return customer to that vehicle brand again
  • Conquest Rebates – for being a first time buyer of that brand after previously owning a different one
  • College Rebates – for recent college graduates
  • Military Rebates – for our American Heroes

Other rebates can come in the form of low interest rate financing or cash back. It is important to understand which specialty rebate can apply to you, so you can make an educated decision on how to use it.

How do I use it?

Rebates are factored into the final selling price of a vehicle. Once a rebate is put on a car it is up to the costumer to decide how to use it. The rebate does not necessarily have to go toward the purchase of the car, as the customer can choose to have a check for the exact amount sent to them. Most customers choose to use the rebate toward the down payment of their new vehicle. This method can use all of or part of the rebate to go toward the down payment.

What about Manufacturer Incentives?

Another great question! If you have enough money ready to put toward a down payment, or a trade in that could cover that cost, manufacturer incentives for financing a vehicle can come in handy. Low interest financing, or possible 0% financing, can be had on certain vehicles. While special financing rates may not be available to everyone, since it is mostly based on credit ratings, it is worth looking into for those that qualify. For more about credit, check out this post we have about credit ratings.

Are there other incentives I can get?

Yes there are! Many dealerships offer their own incentives to customers; however some won’t reveal the offers available unless asked. This is not a good thing, and is usually the sign of a dishonest dealer. This is another reason why it is important to go to a dealer known for having an easy and transparent car buying process.

Rebates and incentives are helpful for understanding how to make the most out of available offers on a new vehicle. The right choice could help lower a monthly payment, get a better interest rate for a loan, and possibly give you some cash back! All of these programs are made to help you get a better deal on your next new vehicle, without the hassle of extending your budget.

Ford’s Driver Assists: The Best Backseat Drivers!

Ford Driver Assists

As the population and economy grow, we see more and more cars filling up our existing roadways.  As a result, traffic becomes more abundant and incredibly more stressful.  Have you ever had a backseat driver make driving through these obstacles close to unbearable?  We all have, and we all know how annoying it can be!  The good news is Ford has recently created some pretty amazing technologies that act like backseat drivers for safety, and they’re much quieter too.  Think about it this way, this technology is paving the way for saver roadways, safer cars, and better driving all around.  Here’s a few game changing driver assists available on Ford’s 2015 lineup. Read More

How to Use the New F-150 BoxLink System

2015 F-150 BoxLink at Tom's Ford Keyport, NJ

The all-new 2015 Ford F-150 has great innovations that completely threw a curve ball into the otherwise repetitive pickup truck industry. Between the new powerful EcoBoost engines, and lightweight aluminum body, many of the F-150’s new features haven’t gotten much spotlight. But these convenient innovations are very clever and should be talked about more. One innovation more truck owners need to look into is the new F-150 BoxLink system. Read More

Throwback: The Ford Country Squire

ford country squire

Welcome back to our Throwback series! Today’s Throwback: The Ford Country Squire. Ford had been making station wagons under the Country Squire nameplate since 1950, usually as a top of the line trim to its full size car. The 1979-1991 models are unique; they are the last of the “boats” to set sail from the port known as Ford’s station wagon market. Or, in less of an analogy, the last full size station wagons made by Ford. Read More

Certified Peace of Mind: Certified Pre-Owned

The current Ford lineup is full of some all out great cars.  We’ll focus on two highlights in the lineup; The Fusion, with its charming looks, roomy cabin, (and it was even named a best car for recent college graduates by Autotrader), and the Escape, the powerful and athletic SUV.  But lets say you’re in the market for something pre-owned.  A newer vehicle comes with some advantages, but the used market provides some very affordable alternatives.  No, we don’t mean those “buy here, pay here” places, we mean Certified Pre-Owned vehicles. Read More

Ford Global Open Feature

Ford Global Open - ford addict

Summer is back, and every beautiful sunny day makes your car’s interior hotter than the sun itself. Those few moments when you first get into your car are like a horrible heat wave that you have to deal with until you’re A/C cuts in. Luckily Ford has some hidden tricks to help with this. This feature is called Ford Global Open! Read More

2015 Ford Award Winners: Best Retained Value

2014 Transit Connect has recently announced the recipients of its Best Retained Value Award for 2015. We’re happy to announce that the 2015 Transit Connect and 2015 F-350 Super Duty have won for best Small Commercial Van, and Best Heavy Duty Truck, respectively. These two vehicles join the other lineup of great 2015 Ford Award Winners! What does this mean exactly? It essentially means that these two Ford vehicles have the highest projected residual values after five years, based on their average price when they are new.

The resale value on a vehicle is very important to consider when looking at a new vehicle as customers who plan on leasing or trading in their vehicles ever few years can use that to their advantage for their next Ford vehicle purchase. The 2015 Transit Connect is estimated to retain 47% of its value after five years and the 2015 F-350 Super Duty is estimated to retain 58.5% over the same time period. Not bad at all for two built tough Ford vehicles.

Check out Ford’s official report here:

Famous Fords in Movies

We here at Ford Addict love a good movie.  Who doesn’t?   You know what makes a good movie?  Seeing our favorite automotive brand co-star!  Some Fords are truly memorable throughout cinema history, so we decided to make a list of our favorite “Famous Fords in Movies”.  Grab your popcorn, and sit back for your feature presentation! Read More